NCAA President Addresses Future Financial Plans

 

NCAA

NCAA president Mark Emmert does not usually participate in interviews or radio shows, but on ESPN morning radio show Mike and Mike, he addressed not only the future plans for the organization, but the financial policies currently being placed. While the president did fair well during the interview, the same can not be said on Twitter as he held a Q & A with fans that hilariously backfired. With all the inquiries for fair financial distribution with student-athletes, the NCAA organization had to address the public. Emmert emphasized on the college committees commitment on updating  regulations and making changes where currently needed. While the steps are being taken in the right direction to assist student-athletes with basic needs and necessities, there are many other matters that would need to be addressed, including the rightful distribution of the record breaking profits had by many of the schools.

One of the most recent NCAA motions that have passed was the ability for Division I players to have unlimited access to snacks and meals. It is believed by most that the passing of the new ruling was made in large part from UConn basketball player Shabazz Napier’s remarks about going hungry some nights. Emmert ultimately denied any of those notions on the morning radio show stating that the subject was already discussed, and the process had begun by the legislative council to eliminate any restrictions on meals for athletes. While there will be no more discussions whether a bagel with cream cheese constitutes as a snack or a meal, the discussion has shifted to the obvious disingenuous manner of which the NCAA and the the legislative council properly handles student-athlete agendas.

Emmert continued to speak about many of the other issues that have been circulating around the media. With the Northwestern football players set to vote on an official union president, Emmert gave his opinion on the matter believing that the medical coverage the players are fighting for are either currently in place or in discussions to be in place. The NCAA president also stated that $20 million are spent a year on health care and premium coverage for athletes who become injured or disabled long-term. While Emmert seems to genuinely believe the college committee is doing its best in the interest of the players, the financial issue still lingers around the president, and plans to address it in the future are still up in the air.

Later in the year, the NCAA is expected to vote on a measure that will cover the expenses for student-athletes that is mot paid between their scholarship and the actual cost of attendance. While a fair profit share distribution has not been put on the table for discussion, this will be one of the first times since athletic scholarships that a financial restitution will be offered to eligible NCAA players. Players who transfer to another school might also be given a scholarship for an extra year of eligibility.

Emmert and the college committee are appearing to make attempts to adjust a financial system, short of actual payments, to what they believe to be fair for a student-athlete. While money would make recruiting extremely complicated and can result in schools having unfair advantages if regulated improperly, the millions of dollars that are currently being earned from the hard work of the student-athletes is also unfair. The NCAA president addressed the future financial plans for the billion dollar organization, but fair profit distribution does not seem to be in those plans.

Commentary by Hector Carrion

Sources:
ESPN
FOX Sports
Pro Football Talk

One Response to "NCAA President Addresses Future Financial Plans"

  1. George Williams   April 18, 2014 at 2:44 pm

    Well if you’re not an athlete there are more ways to skin the education cat. According to DegreeRegistry.org , a general MBA can be obtained for as little as $6k and as high as $120k. If students would do a little research, they would find that it is not nearly as expensive to get a college degree

    Reply

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